The curbs by Chinese authorities on stock markets after recent dramatic falls had forced a hedge fund firm to halt money flows because of valuation problems. The restrictions have been lifted.

Singapore-based APS Asset Management has told investors they will be able to buy into its Greater China focused hedge fund or redeem their holdings from 20 July following a suspension caused amid Chinese trading limits to curb sliding stocks, Reuters reported late last week.

APS froze the fund on Monday last week after the Chinese government curbs; the controls made it difficult to determine the exact value of the fund's holdings.

The fund will also now calculate its net asset value, the news service said.

"Having carefully considered the financial position of the fund, the composition, value and liquidity of the fund's investments and general market conditions, the directors consider the lifting of the suspension to be in the fund's best interests," the money manager was quoted as saying.

WealthBriefingAsia is in contact with the firm to confirm details.

After mainland China’s A-shares equity market crashed by about a third from their 12 June peak, government authorities have imposed a series of restrictions, such as bans on short sales. The measures have been criticised as a sign of panic and the saga has shaken some confidence in whether the Asian country is as ready to allow cross-border capital movement as might have been hoped.

The APS fund managed about $85 million at the end of June, according to data seen by the news service.